With problem loans increasing, profits sagging, and new capital hard to find, getting the Allowance for Loan and Lease Losses (ALLL) right is more important than ever. Synergy helps financial institutions better understand how to manage this critical component of the credit risk management program, including how to address ASC 450 (formerly SFAS 5), historical loss data, qualitative factors (“Q-factors”), ASC 310 (formerly SFAS 114), identify loans and measure impairment.
Synergy Bank Consulting, Inc. is the risk management advisory firm financial institutions trust to manage risk and optimize performance.